Hedge Fund Industry is Poised to Grow Even More in 2015With an increase of capital being managed by hedge fund, the industry is poised to grow even more in 2015, according to an article released by CNBC.
"Barring a large and unexpected global or financial event, hedge funds are positioned for another year of solid growth," industry data tracker eVestment wrote in a new report.
The company predicts that investors will add about $100 billion or more to hedge funds in 2015, about the same as the $112 billion they added in 2014 to push assets to a record of about $3 trillion.
The new money is mostly coming from big institutions, such as public pensions, university endowments and charitable foundations. Such investors are looking to so-called alternative investments like hedge and private equity funds to diversify their exposure away from already soaring stocks and low-yielding bonds.
While there are about 10,000 hedge funds, the main beneficiaries will likely be large firms that already dominate, like Ray Dalio's Bridgewater Associates, Dan Och's Och-Ziff Capital Management Group and Cliff Asness' AQR Capital Management.Source: CNBC